Posted By:
DavidI don't worry about about future value. I try to buy quality (it would take a library of books to pin down the meaning of that word), and buy it at a cheap price related to its current value (value shouldn't be confused with book price, and most stuff I buy doesn't have a price guide anyway). Even if investing, it defeats the purpose to pay too much initially.
To be honest, 'investing' in this context is a strange concept to me. I'm sure there are wise collectable investors and collectors who see their collection's value rise, but investment is not a concept I even think about. To me longterm investing in collectables refers to the crap I can't sell that sits under tarp in the basement.
"Don't worry abut it," I tell the wife, "It's an investment."
"I want it out of here by Monday or your ass is grass," My wife says.
By the way, anyone looking for a case of 1988 Fleer?